Selling into the 2c range can't be just seen as an indication...

Selling into the 2c range can't be just seen as an indication for poor results to come. Except of the sales staff and management nobody has a clue. The sellers could be a client of one of the funds or just private retailers who want to lower their tax burden. We will never know.

3 ways to react to this, imo, unjustified and totally exaggerated sell down:

1. Get scared or be convinced all is lost, then sell immediately
2. Not 100% convinced all will end good in coming years, either sell some or just wait it out
3. 100% convinced the turn around will come and pay out handsomely - buy more.

Why am I positive about IPD?

1. Revenue has increased, sales too.

Not at a rate everyone wants it to be, but each new unit will add to the existing / previous ARR

2. Sales numbers should increase.

3. Costs have been stable if the reasons for the other $3.5m or so were correctly stated.

4. Valuation: There are hundreds of ways to value IPD. Revenue or Earnings or Profits or a combo of that and costs, what ever is taken into account will put out a different number. That way, the sp could be 0.1c based on profitability or $1 based on improved figures to come. Today, the market decided to fill my buy order at 2.8c. Maybe even for less tomorrow which is all strange as since the 4C release, sp at 3.9c / 4c, not one negative anns has been made.

Therefore I think, way oversold.

But if IPD goes bust then even 0.1c would be too expensive.

Our chair is managing PNV too. Look how their sp has moved. $2.50, $0.96, $1.70, $1.30. Is it all managements achievement or fault or does the market tends to overshoot in either direction?

GLTA